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111 King St
5,424 SF of Retail Space Available in Saint Augustine, FL 32084
HIGHLIGHTS
- Strong foot traffic from student and tourist along major entry corridor.
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- CEILING
- TERM
- RENT
- SERVICE TYPE
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor | 5,424 SF | 10 ft | 3-10 Years | £19.88 /SF/PA £1.66 /SF/MO £107,842 /PA £8,987 /MO | Triple Net |
1st Floor
Exciting opportunity to lease a 5424 SF retail space currently undergoing renovations, with completion in 2-3 months. Located on a prime corner lot, this property offers updated entrances and prominent signage on both the marquee and building. Previously a hardware store, this versatile space is perfect for a variety of retail uses. Possible owner-financing.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Corner Space
- High Ceilings
- Exposed Ceiling
- Finished Ceilings: 10 ft
- Wheelchair Accessible
- Undergoing exterior renovations be Feb 2025.
- Prominent signage on marquee and building.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 111 KING ST , SAINT AUGUSTINE, FL 32084
| Total Space Available | 5,424 SF | Gross Internal Area | 10,374 SF |
| Property Type | Retail | Year Built/Renovated | 1962/2024 |
| Property Subtype | Restaurant | Parking Ratio | 2.11/1,000 SF |
| Total Space Available | 5,424 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Internal Area | 10,374 SF |
| Year Built/Renovated | 1962/2024 |
| Parking Ratio | 2.11/1,000 SF |
ABOUT THE PROPERTY
Formerly Hamblen Hardware, exterior is being renovated to improve function and appeal. Looking for retail tenant to occupy majority of space with the possibility of dividing. Interior buildout assistance with well qualified business model.
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
Hampden Realty
111 King St
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